Whether sale of DEPB license constitute business and liable to ...

DEPB License Sales Classified as Business Activity, Subject to VAT/Sales Tax per Section 2(d)(1) Definition.

August 24, 2013

Case Laws VAT and Sales Tax HC

Whether sale of DEPB license constitute business and liable to VAT / Sales Tax - Held yes - By use of the expression “any transaction in connection with the business“, one can hold that the Act itself does not contemplate the frequency or regularity or continuity of the transactions, as has been done in the substantive part in sub clause (1) of sub section (d) of Section 2 of the Act. - HC

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Whether sale of DEPB license constitute business and liable to ...

DEPB License Sales Classified as Business Activity, Subject to VAT/Sales Tax per Section 2(d)(1) Definition.

August 24, 2013

Case Laws VAT and Sales Tax HC

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